#The Future of Ethereum May 11

Good morning everyone, I sent out my market analysis very early, hoping everyone can make a profit.

Let's analyze the daily chart of ETH. After stabilizing around 2300 for a whole day yesterday, it has entered a phase of low-volume upward movement in the short term, oscillating between 2300-2800. The daily chart pattern is actually in a bottom consolidation phase; once it rises, many people will rush in. Once the oscillation ends, it will need to break through 3500.

From the perspective of a single candlestick, the entire pattern shows an N-shaped upward trajectory, with the market showing a bearish retracement line, indicating that there is significant resistance above, and it needs to consolidate to accumulate strength. In the evening, it may either rise or break through this line. The larger trend has formed a bottom pattern, and the potential for a sharp rise is significant. The moving averages are upward, and a golden cross has formed at the bottom, so everyone can consider buying on dips!! Find the retracement point to enter the market, and I wish everyone good luck!

Everyone, please follow so you don't get lost, and I’ll share the core message for making money,

The reason you are losing money is that you can't hold on to your positions. Think about it, is it you? If you lose a bit, you want to cut losses; if you win a bit, you want to take profits. Embrace certainty. Staring at the market will never make you money, and running away early will never make you money. Start with a light position at a low multiplier, and increase your position as you ride the big trend.